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2023-03-18 09:24:22

nobody on Nostr: I made a Lightning Network Primer video and have made it free on YouTube It's ...

I made a Lightning Network Primer video and have made it free on YouTube

It's completely non-technical and is aimed at people with zero knowledge of bitcoin and Lightning. No mention of channels or liquidity, it focuses on using sats as a medium of exchange using real world examples.

Starts off with an explanation of the difference between bitcoin the network and BTC the monetary asset, and why BTC has never taken off as a medium of exchange and how lightning fixes this.

It's a simple introduction to bitcoin, acquiring sats by consuming content (Bitcoin Magazine & Fountain) along with transferring sats using QR codes. It also covers value4value using Fountain to send sats and boosts to reward podcasters.

It also introduces the concept of lightning wallets to exchange sats between services e.g funding the Fountain wallet.

Not intended for hardcore bitcoiners but might be useful for friends and family members.

Part 2 next week covers Lightning Addresses, Micropayments using Mash, Remittances and cross border payments using CoinCorner, the Bolt card and Zapping in Damus, all as demonstrations of real-world applications in use now.

Feel free to distribute far and wide!

https://youtu.be/DSzLCr29zrc







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